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Petrochemical firms and Seoul city government partner to recycle plastic waste

The Seoul Metropolitan Government is partnering with domestic petrochemical companies to begin a pilot project for recycling plastic waste materials using thermal pyrolysis technology, according to a report by Korea Bizwire.

GS Caltex Corp., HD Hyundai Oilbank Co., LG Chem Ltd. And SK Geocentric Co have signed the business agreement with the Seoul city government.

Plastic waste will be collected by district offices and be shipped to the petrochemical companies who will then use the thermal pyrolysis process to produce thermal pyrolysis oil.

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